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Archive - 1/9/2026 - Sign In to see current Signals. |
Baker Hugh (BKR) Technical Analysis
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| Summary:
| | Weekly :  | | Daily :   Move cursor over the icon to see details.
| | It was a third positive week after 3 consecutive negative weeks for the Baker Hugh (BKR). During the week, the BKR gained 2.83 points, or 6.00%, and closed at 49.97 on Friday, January 9, 2026. It was the best weekly gain since September 26, 2025. Weekly volume was 12% above average. BKR is a member of Energy Sector. Energy is the most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
Long-term trend: [See BKR long-term trend chart] A long-term uptrend had started on July 21, 2021 at 19.23 and reached 51.12 on December 4, 2025. BKR gained -31.89 points, or -165.83%, in 228 weeks. The chart has formed a Rising Wedge chart pattern. The trend support level is at 37.57 and resistance is at 52.50. A Rising Wage is a triangle formation with a noticeable slant to the upside. It represents the loss of an upside momentum on each successive high and has a bearish bias. The Rising wedge usually marks a reversal in an uptrend. In a downtrend a rising wedge is considered to be a continuation pattern. Use the following link to access a Rising Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising Wedge pattern in a long-term trend.
Medium-term trend: [See BKR medium-term trend chart] A medium-term downtrend had started on December 4, 2025 at 51.12 and reached 44.26 on December 18, 2025. BKR lost 6.86 points, or 13.42%, in 2 weeks. The price is now at the 83.24% retracement level.
Weekly Technical Indicators: [See BKR weekly technical indicators chart] Weekly Williams' Percentage Range is overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Williams' Percentage Range. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Williams' Percentage Range help. The weekly MACD line is below its signal line since December 12, 2025. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is low and getting smaller. It indicates that the current medium-term downtrend is getting weak. Use the following link to access a MACD help.
Short-term trend: [See BKR short-term trend chart] A short-term uptrend had started on December 18, 2025 at 44.26 and reached 50.72 on January 9, 2026. BKR gained -6.46 points, or -14.60%, in 22 days. The price is now at the 11.61% retracement level.
Daily Technical Indicators: [See BKR daily technical indicators chart] Daily Relative Strength Index and Lane's Stochastic are overbought while Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought daily Relative Strength Index and Lane's Stochastic or strongly overbought daily Williams' Percentage Range. Use the following links to access Lane's Stochastic and Relative Strength Index help. The daily MACD line is above its signal line since December 31, 2025. This is an indication that the short-term trend is up. The distance between MACD and the signal line is relatively high and getting bigger. It indicates that the current short-term uptrend is strong. During the last week, the price has advanced above the 50 Day Moving Average. While the medium-term trend is down and daily technical indicators are overbought, the 50 Day Moving Average is considered a resistance level. The moving average crossover signals work better when the stock develops a strong trend, but they are ineffective when the stock is in a trading range. Moving average crossover systems can be effective, but should be used in conjunction with trend patterns, momentum indicators, candlesticks and other aspects of technical analysis. Use the following links to access Moving Average Crossover trading technique, or use the Technical Stock Screener to see the list of stocks with the Moving Average close to the price level.
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